DeFi Daily News
Friday, August 1, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi NFT

rewrite this title and make it good for SEO Canary Capital Files for $PENGU and Pudgy Penguins NFTs ETF

Jenz by Jenz
March 21, 2025
in NFT
0 0
0
rewrite this title and make it good for SEO Canary Capital Files for $PENGU and Pudgy Penguins NFTs ETF
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

US investment firm Canary Capital has filed with the Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that would combine cryptocurrency and NFTs in a single investment product.

The proposed fund Canary PENGU ETF, would include the $PENGU token—issued on the Solana blockchain—and digital assets from the Ethereum-based Pudgy Penguins NFT collection, marking the first known attempt to include NFTs in a regulated ETF in the United States.

The SEC filing was submitted on Thursday, but it does not provide a timeline for review or approval.

Canary Capital Files for $PENGU and Pudgy Penguins NFTs ETF Source: Luca Netz

What is an ETF?

An exchange-traded fund (ETF) is a financial product that tracks the performance of a specific asset or group of assets.

ETFs are traded on stock exchanges and can be bought and sold like individual shares. They are typically used to give investors access to specific sectors, commodities, or indexes without requiring them to directly purchase or manage the underlying assets.

In the context of cryptocurrency, ETFs can provide exposure to digital tokens without requiring investors to handle wallets, exchanges, or custody directly.

Canary Capital Files for $PENGU and Pudgy Penguins NFTs ETF
Canary Capital Files for $PENGU and Pudgy Penguins NFTs ETF Source: Igloo Inc.

Why is this significant?

If approved, this would be the first ETF in the US to include NFTs as part of its portfolio. Previous digital asset ETFs—such as those tracking Bitcoin or Ethereum—have only included fungible tokens.

NFTs are inherently different from cryptocurrencies due to their unique nature and variable pricing. Including them in a regulated investment fund presents novel challenges, including how to value, store, and audit such assets. The SEC has yet to issue specific guidance on NFT-based ETFs.

Other firms, including VanEck and Bitwise, have submitted proposals for ETFs tied to cryptocurrencies like Solana, Litecoin, and XRP.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: CanaryCapitalETFFilesGoodNFTsPENGUPenguinsPudgyrewriteSEOtitle
ShareTweetShare
Previous Post

rewrite this title How $100 Can Unlock Cash Flow & Kickstart Your Rental Portfolio

Next Post

rewrite this title Coinbase reportedly in advanced talks to acquire crypto derivatives exchange Deribit

Next Post
rewrite this title Coinbase reportedly in advanced talks to acquire crypto derivatives exchange Deribit

rewrite this title Coinbase reportedly in advanced talks to acquire crypto derivatives exchange Deribit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

August 13, 2024
rewrite this title and make it good for SEO 7 Strategies to Maximize NFT Airdrop Rewards

rewrite this title and make it good for SEO 7 Strategies to Maximize NFT Airdrop Rewards

January 15, 2025
Spanish Police Dramatically Stop Illegal Immigrants by Cutting Their Boat in Half

Spanish Police Dramatically Stop Illegal Immigrants by Cutting Their Boat in Half

August 29, 2024
rewrite this title RTX 5050, 5060, 5060 Ti spotted in records

rewrite this title RTX 5050, 5060, 5060 Ti spotted in records

February 18, 2025
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
rewrite this title Crypto Markets See Red as Solana, XRP, Dogecoin Extend Losses – Decrypt

rewrite this title Crypto Markets See Red as Solana, XRP, Dogecoin Extend Losses – Decrypt

August 1, 2025
rewrite this title Handwave lends a hand to retailers with its European alternative to Amazon’s palm payments | TechCrunch

rewrite this title Handwave lends a hand to retailers with its European alternative to Amazon’s palm payments | TechCrunch

August 1, 2025
rewrite this title A.I. Artificial Intelligence (2001)

rewrite this title A.I. Artificial Intelligence (2001)

August 1, 2025
rewrite this title with good SEO A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

rewrite this title with good SEO A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

August 1, 2025
rewrite this title NFL: Chargers Defeat The Lions To Open The 2025 Preseason

rewrite this title NFL: Chargers Defeat The Lions To Open The 2025 Preseason

July 31, 2025
rewrite this title Chief of War TV Review: Jason Momoa leads an epic masterpiece about Hawaiian history

rewrite this title Chief of War TV Review: Jason Momoa leads an epic masterpiece about Hawaiian history

July 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.